Coinbase, one of the leading cryptocurrency exchanges, announced the addition of four new tokens for New York users, demonstrating its efforts to expand access in a tightly regulated crypto market.
Expansion of Token List
The newly listed assets—Subsquid (SQD), Celestia (TIA), XYO (XYO), and Bittensor (TAO)—are now accessible to New York users via the Coinbase app and web platform. While availability may not appear immediately for all users, Coinbase has advised refreshing the app to activate trading.
Market Reaction
Although the broader crypto market was trending downward at the time of the launch, the new listings offer fresh exposure for the tokens and a signal that Coinbase remains committed to expanding access—even in challenging environments.
Coinbase's Strategy Amid Regulations
This listing expansion highlights Coinbase’s effort to push deeper into jurisdictions with strict crypto oversight, aiming to provide broader market access despite regulatory headwinds. The move follows an earlier rollout of Subsquid to other regions and now extends availability to the New York market.
The addition of new tokens by Coinbase reflects the company's ambition to deepen its presence in strictly regulated markets, aligning with the growing interest in crypto assets among users.